According to the Utility Theory, a Glass of Milk Mixed

question 50

Multiple Choice

According to the utility theory, a glass of milk mixed with Milo (Nestlè's drink mix) , will be preferred to milk or Milo alone.Identify this assumption on preference.

• A)Completeness
• B)More-is-better
• C)Rationality
• D)Convexity
• E)Monotonicity

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Definitions:

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